Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 140.71 | +0.0622 | pay 0.0622% / 8h | 1h 43m | $952K | $1.7M | — | Long BingX | |
| SHORT | 140.98 | 0 | 0.0000% / 8h | 1h 43m | $2K | $496K | 10x | Short SunX≤10% back |
Price gap+0.192%
Funding gap−0.0622% /8h
The gap pays +$5 on $10k if it goes back to its 7d average, but funding costs $19 a day and eats that in about 6 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$76−0.0622% /8h now · paid −0.757% over the last 7D
Price+$5spread +0.192% now, avg +0.142% → +0.050% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs−$71−0.71%no pointscosts unknown: book too thin at $10k · What the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.192%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hORCL on 30 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than SunX’s order book right now.
- Note: Margin at max leverage— + $1,000BingX —, SunX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$18.66Long BingX: 3 payments, −$18.66; short SunX: 3 payments, $0.00.
- OK: Entry gap works for you+0.192% vs +0.142%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$2K vs $952K OISunX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBingX Yes · SunX NoAdvanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0360%/8h × 21 periods−$75.67
Price spread+0.192% → +0.142% (7d avg)+$4.95
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee BingX bp × 2 orders−$10.00
Fee SunX bp × 2 orders−$8.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: BingX: live order book, 5 min ago; SunX: live order book, 65 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX0.355.4 bp−$58.7 bp−$8719.1 bp−$1,914174.7 bp−$87.3K
SELL · SHORTSunX29.53doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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| 09-28 17:30 | Vest Markets | Other | Oracle's AI financing model is drawing fresh skepticism, with $ORCL down around 2.7% on the session. S&P lowered the credit rating to BBB-, the shares drew a Sell rating this morning, and five-year default swaps reached a record 227 basis points last week. The $18B of debt tied to Project Jupiter is quoted near 89 cents on the dollar, with about half of Oracle's $664B backlog tied to OpenAI. @VestExchange on X ↗ |
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| 09-24 13:30 | Vest Markets | Other | $ORCL is down around 5.4% into the open, with a reported force majeure notice to its New Mexico data center developer. The notice goes to developer Blue Owl on Project Jupiter, seeking to defer payments if the 1,400-acre campus behind Oracle's OpenAI capacity deal slips past 2028. Trade $ORCL volatility with a Vest Capital funded account and access up to $25k in trading capital. @VestExchange on X ↗ |


Kalshi